Items filtered by date: March 2016
Monday, 21 March 2016 08:23 Published in News & Updates

Chinese-owned Blue Lake Dairy Company has lodged an application for a $15 million milk processing plant in Tantanoola, near Mount Gambier in South Australia. The processing plant, which is due to start operation in June or July if the Wattle Range Council approves the permit, will export most of the milk powder and infant formulas to China. In a second, $50 million stage, the company will invest in technology to create its own base milk powder. Read more...

Monday, 21 March 2016 08:20 Published in News & Updates

New Zealand milk supply will fall less rapidly than thought, Fonterra said, citing "favourable summer pasture growth conditions". The giant dairy co-operative forecast 2015-16 milk collections at 1.545bn kilogrammes of milk solids, a decline of 4% year on year. Read more...

Monday, 21 March 2016 08:18 Published in News & Updates

It is good to see Harsh Vardhan, Union minister for science and technology, apprising members of the Lok Sabha on adulterated milk, which has become a part of our diet. However, like many previous mentions of the issue, this one also missed the point: Contamination due to management practices. Read more...

Sunday, 13 March 2016 22:39 Published in News & Updates

Arla Foods, the European dairy giant, saw sales and profits slide in 2015, a year that proved challenging for a number of the companies in the sector. However, the Lurpak and Castello owner described its performance as "robust". Read more...

Sunday, 13 March 2016 22:38 Published in News & Updates

(MENAFN - AFP) New Zealand's central bank slashed interest rates to a record low in a surprise move on Thursday, citing the country's struggling dairy industry and a deteriorating global outlook. Read more...

Friday, 11 March 2016 13:23 Published in News & Updates

During my Chinese New Year holiday, I travelled to the Hainan Island, the most southerly point of China's territories, and smack-bang in the middle of the South China Sea. Read more...

Friday, 11 March 2016 13:22 Published in News & Updates

UNDER ITS Route 2020 strategy, FrieslandCampina (Thailand) is investing Bt5 billion to improve production efficiency of its Foremost milk, releasing new products and pushing sales over Bt18 billion in five years. Read more...

Friday, 11 March 2016 13:18 Published in News & Updates

TechSci has published a new report on the Indian dairy industry. India is the largest producer of milk and dairy products in the world, with the dairy market expected to see a compound annual growth rate (CAGR) of 7% between 2016 and 2021.“India Dairy Products Market By Type (Drinking Milk, Ghee, Butter, Ice Cream, Milk Powder, Cheese, Yogurts, Probiotic Drinks and Others), Competition Forecast and Opportunities, 2011 – 2021” was published in February to look at the industry in the nation. Read more...

Friday, 11 March 2016 13:16 Published in News & Updates

WELLINGTON, New Zealand -- New Zealand's finance minister said Wednesday the country's multi-billion-dollar dairy industry faced a "serious or extreme" scenario as prices tumble, but downplayed the impact on the broader economy and refused help for farmers. Read more...

Friday, 11 March 2016 13:16 Published in News & Updates

Karachi—Karachi Administration is continuing its crackdown against those not selling milk according to the official rates. A statement on Wednesday said that action has been initiated against 178 milk sellers during the last week while 88 have been sent to jail. Read more...

Monday, 07 March 2016 14:41 Published in News & Updates

DEVELOPING the type of products that suit Asia rather than trying to sell them Australia will be the key to grasping potential as China’s import demand for dairy recovers this year, say those blazing trails in the sector overseas. Read more...

Monday, 07 March 2016 14:40 Published in News & Updates

The government plans to boost national milk production by having 10,000 more dairy cows to meet the total need in the country. Read more...

Monday, 07 March 2016 14:38 Published in News & Updates

NEW DELHI: India is today the world's largest producer of milk thanks to the white revolution. Yet more than two thirds of the milk in India does not meet the food safety standards. Adulteration of milk is rampant, a startling six per cent of the samples tested in 2015 by the Ministry of Health had presence of 'detergents' in them confirming that 'synthetic milk' is a huge problem. Read more...

Friday, 04 March 2016 15:28 Published in News & Updates

Organised dairies are considering capacity additions in view of the Budget announcement on an allocation of Rs 850 crore for dairy-related projects and the government’s ambitious target for electrifying all of India’s villages by 2018. Better milk production coupled with availability of power will boost rural demand and that is motivating dairy players to boost processing capacities. Read more...

Friday, 04 March 2016 15:27 Published in News & Updates

The incredible growth of India’s dairy industry was a hot topic of discussion for Alltech at the 2016 Australian Dairy Conference, where speakers from around the globe gathered to share encouragement and ideas about the dairy field. Matthew Smith, Alltech vice president of Asia-Pacific, shared his experience working in this and other emerging markets at the conference. Read more...

Friday, 04 March 2016 15:23 Published in News & Updates

In its report for the financial year ending December 31, 2015, Dutch dairy company FrieslandCampina announced net profits of $373m (€343m). Read more...

Friday, 04 March 2016 15:22 Published in News & Updates

New Zealand no longer has the international dairy market to itself as other countries step up production, and the industry needs to cut costs to cope with a lower price environment, Finance Minister Bill English said. Read more...

Thursday, 03 March 2016 15:05 Published in News & Updates

KARACHI (Dunya News) – Rising milk price has been curtailed setting per litre amount at Rs 80 for the locals after authorities deliberated over the issue for around 14 hours, Dunya News reported Thursday. Read more...

Thursday, 03 March 2016 14:42 Published in News & Updates

India’s long-winding negotiations with Russia for accessing its large market for dairy products may finally be nearing an end with the Russian quality control department, FSVPS, agreeing to discuss and examine the independent disease control mechanism adopted by the dairies wanting to export. Read more...

Thursday, 03 March 2016 14:37 Published in News & Updates

Prices for milk powder, lactose and rennet casein all reported positive gains today on the GlobalDairy Trade (GDT) auction in New Zealand. Read more...

Thursday, 03 March 2016 14:33 Published in News & Updates

Up to 50 UK dairy farmers have been given 12 months’ notice on their direct supply contracts with co-operative Arla as it struggles to deal with an anticipated surplus of milk in the wake of Tesco’s significant supply switch to rival Muller last month. That deal left the farmer-owned co-op with 200m litres/annum to find a new home for. Read more...

Wednesday, 02 March 2016 15:56 Published in News & Updates

KARACHI (Dunya News) – Commissioner Karachi Asif Haider Shah actively responded as milk prices were raised unnecessarily on Tuesday whereas a meeting has been called in for its prevention, reported Dunya News. Read more...

Wednesday, 02 March 2016 15:55 Published in News & Updates

Although domestic dairy products supply only a small proportion of demand in Vietnam, cow farmers in the southern region still cannot sell their milk to dairy companies and face severe hardship unless something is done to reduce the price of domestic milk. Read more...

Wednesday, 02 March 2016 15:54 Published in News & Updates

Led by a 5.5% gain in the key Wholemilk powder category, dairy prices snapped a run of four consecutive auctions worth of falls at the GlobalDairyTrade auction overnight. Read more...

Wednesday, 02 March 2016 15:52 Published in News & Updates

Organised dairies are considering capacity additions in view of budget announcement on an allocation of Rs 850 crore for dairy related projects and the government's ambitious target for electrifying 100 per cent of India's villages by 2018. Read more...

Wednesday, 02 March 2016 07:56 Published in News & Updates

SHEPPARTON, Australia – Born from dairy cooperatives in two small villages in India, Amul has grown to become the largest dairy producer in India by volume, collecting nearly 15 million liters of milk per day. This year, Amul will manufacture more than 3 million metric tons of dairy feed to keep up with demand for milk, making it the largest cattle feed producer in Asia. Read more...